January 28, 2025:
Hoffmans Manas AI Raises $24.6M for Drug Discovery - Reid Hoffman and Siddhartha Mukherjee have launched Manas AI, a startup focused on AI-powered drug discovery for cancers, raising $24.6 million in seed funding. This amount is modest compared to other AI drug startups like Xaira and Treeline Biosciences.
Manas AI plans to design molecules using AI and test them in wet labs, utilizing Microsoft's Azure cloud and AI expertise. Notably, Hoffman has strong ties to Microsoft, which acquired LinkedIn in 2016.